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Amazon

The biggest US mall owner Simon says still looking to salvage other distressed retailers

The biggest US mall owner Simon says still looking to salvage other distressed retailers

By: Lauren Thomas
Source: CNBC
Date of Publication: August 10th, 2020
Simon Property Group Chief Executive David Simon said Monday that the company is still looking to salvage additional distressed retailers, having already made bids for bankrupted Lucky Brand, Brooks Brothers and J.C. Penney.
The creative way Amazon’s Audible is helping restaurants survive COVID-19

The creative way Amazon’s Audible is helping restaurants survive COVID-19

By: Nate Berg
Source: Fast Company
Date of Publication: August 10th, 2020
Over the past 13 years, Audible has made an effort to integrate itself into the Newark community. When the pandemic struck, it doubled down.
Amazon posts biggest profit ever at height of pandemic in U.S.

Amazon posts biggest profit ever at height of pandemic in U.S.

By: Jeffery Dastin, Akanksha Rana
Source: Reuters
Date of Publication: July 30th, 2020
Amazon.com Inc (AMZN.O) on Thursday posted the biggest profit in its 26-year history as online sales and its lucrative business supporting third-party merchants surged during the coronavirus pandemic.
Tyson Foods adopts weekly coronavirus testing for workers

Tyson Foods adopts weekly coronavirus testing for workers

By: Hannah Denham and Abha Bhattarai
Source: The Washington Post
Date of Publication: July 30th, 2020
The company behind Tyson, Jimmy Dean and Hillshire Farm will roll out the new protocol at all 140 of its U.S. production facilities.
As virus-wary shoppers opt for online purchases, retailers pay the price

As virus-wary shoppers opt for online purchases, retailers pay the price

By: Lisa Baertlein, Melissa Fares, Nivedita Balu
Source: Reuters
Date of Publication: July 15th, 2020
Online sales may be a saving grace for pandemic-battered retailers with fewer shoppers in their stores. But many retailers, from department store chain Macy’s Inc to essential retailer Target Corp, are grappling with higher expenses related to e-commerce.
Amazon to Pay $500 Million in Bonuses for Front-Line Workers, Delivery Partners - WSJ

Amazon to Pay $500 Million in Bonuses for Front-Line Workers, Delivery Partners

By: Micah Maidenberg
Source: The Wall Street Journal
Date of Publication: June 29th, 2020
Payout comes after e-commerce giant ended a short-term pay bump; sales have shot up during coronavirus.
Report_ Amazon gains significant ground in digital ad market as COVID-19 drags Google

Report: Amazon gains significant ground in digital ad market as COVID-19 drags Google

By: Lydia Dishman
Source: Fast Company
Date of Publication: June 22nd, 2020
According to eMarketer, Google’s net U.S. digital ad revenues will drop by 5.3% to $39.58 billion by the end of 2020.
Coronavirus likely to delay Amazon Prime Day

Coronavirus likely to delay Amazon Prime Day

By: Cortney Moore
Source: Fox Business
Date of Publication: June 22nd, 2020
Amazon’s summer Prime Day sale has traditionally been carried out in mid-July, however, the coronavirus pandemic might cause a delay considering the e-commerce giant hasn’t advertised the event as it has in the past.
Target is raising its starting wage to $15 an hour - The Washington Post

Target is raising its starting wage to $15 an hour

By: Abha Bhattarai
Source: The Washington Post
Date of Publication: June 17th, 2020
The chain is the first major retailer to permanently increase pay during the pandemic.
U.S. EPA orders Amazon, eBay to stop selling unsafe COVID-19 products: Bloomberg

U.S. EPA orders Amazon, eBay to stop selling unsafe COVID-19 products: Bloomberg

Source: Reuters
Date of Publication: June 11th, 2020
E-commerce companies Amazon Inc and eBay Inc have been instructed by the U.S. Environmental Protection Agency (EPA) to stop selling unproven or unsafe disinfectants, including products falsely marketed as killing COVID-19, on their platforms, Bloomberg reported on Thursday.